Fox Interactive Media is continuing to break apart as more top executives shift to other divisions, Kara Swisher of All Things Digital reports.
Much has been reported about FIM's future, ranging from a complete closure to a reshaping of the fledgling unit, which acts as an umbrella for MySpace and other media outlets.
The restructuring is more likely to lead to a name change and a streamline organization that gives more autonomy to FIM's web, online advertising, and publishing technology units, All Things Digital reports.
FIM currently has about 100 core employees who work mostly in human resources, accounting, and legal.